SANUWAVE Reports $1.8M Q1 Net Loss

SANUWAVE reported revenues of $238,540 and net loss of $1.8 million during the first quarter of 2012.

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The company reported a loss on foreign currency exchange and net interest expense. Cash and cash equivalents decreased from the beginning to the end of the first quarter. The company was recently granted FDA approval for the investigational device exemption supplement for additional clinical trials for its dermaPACE.

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